LAUREATE EDUCATION, INC. 650 S. Exeter Street Baltimore, Maryland 21202 December 30, 2016Deferred Compensation Plan • February 17th, 2017 • Sterling Capital Partners II L P • Services-educational services • Maryland
Reference is made to that certain letter agreement (the “Original Letter Agreement”), dated August 16, 2007, by and among R. Christopher Hoehn-Saric (the “Participant”), L Curve Sub Inc. and Laureate Education, Inc. (the “Company”), pursuant to which the Participant held vested equity-based awards that the Participant exchanged for an unfunded, nonqualified stock-based deferred compensation arrangement (the “stock-based DCP”). Pursuant to the stock-based DCP, (i) a cash payment of $31,000,000 was made to the Participant on September 17, 2014, (ii) a cash payment of $3,093,841 was paid to the Participant on December 29, 2015 and a 9.250% Senior Note due 2019 having a principal amount of $18,860,000 (the “2015 Note”) was issued to Participant on December 29, 2015, and (iii) $7,041,987 was payable to the Participant on September 17, 2016 (the “2016 Obligation”). The Participant has agreed to extend the due date for payment of the 2016 Obligation from September 17, 2016 to December 31, 201
LAUREATE EDUCATION, INC. 650 S. Exeter Street Baltimore, Maryland 21202 December 24, 2015Deferred Compensation Plan • February 17th, 2017 • Sterling Capital Partners II L P • Services-educational services • Maryland
Reference is made to that certain letter agreement (the “Original Letter Agreement”), dated August 16, 2007, by and among R. Christopher Hoehn-Saric (the “Participant”), L Curve Sub Inc. and Laureate Education, Inc. (the “Company”), pursuant to which the Participant held vested equity-based awards that the Participant exchanged for an unfunded, nonqualified stock-based deferred compensation arrangement (the “stock-based DCP”). Pursuant to the stock-based DCP, a cash payment of $31,000,000 was made to the Participant on September 17, 2014, and a cash payment of $32,892,186 was payable to the Participant on September 17, 2015 (the “2015 Obligation”). The Participant has agreed to extend the due date for payment of the 2015 Obligation from September 17, 2015 to December 31, 2015.
LAUREATE EDUCATION, INC. 650 S. Exeter Street Baltimore, Maryland 21202 December 30, 2016Deferred Compensation Plan • January 10th, 2017 • Laureate Education, Inc. • Services-educational services • Maryland
LAUREATE EDUCATION, INC. 650 S. Exeter Street Baltimore, Maryland 21202 December 24, 2015Deferred Compensation Plan • January 20th, 2016 • Tuition Finance, Inc. • Services-educational services • Maryland